Singing Sweets Haus Business Plan
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Transcript of Singing Sweets Haus Business Plan
Singing Sweets’ HausCHAPTER I
COMPANY PROFILE
A. Description
Singing Sweets’ Haus is a start-up specialty bakery dedicated in bringing
unforgettable sweet moments to customers who want to make dessert a unique
experience. It will provide customers with a vast array of high quality baked
goods and unique products that will change the customer’s perception of regular
cakes and cupcakes. The products will have the taste, quality, and artistic
designs that will provide customers with delectable products.
Singing Sweets’ Haus is registered as a general partnership with six (6)
partners who will be jointly and severally liable for the debts of the company with
their entire property. The total capitalization of the business is P 1,500,000, which
will be shared by the six (6) partners, all of whom will contribute, P250, 000 each.
This amount will cover the funding of operating expenses as well as the
purchasing of all the necessary materials and equipment to start the business.
Singing Sweets’ Haus will specialize in creating and designing singing
cakes and cupcakes for various life events as well as everyday craving of
customers. The owners of the business will establish connections with many
suppliers whose services can be utilized to sustain the need of high-quality
ingredients. The prices will be affordable. Thus, customers may be able to save
the cost of buying the products. In addition, the company’s products and services
will give customers an unforgettable experience. The location of the business will
be accessible and convenient to the customers.
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Singing Sweets’ HausB. Company Name
The company was named as Singing Sweets’ Haus. The phrase “Singing
Sweets’” corresponds to sweetness of cakes and cupcakes the people used to
love having when they are celebrating an occasion or coming up with surprises.
These cakes and cupcakes are placed inside a box containing an e-greeting.
Like the ones celebrants used to hear in an e-card, e-greeting usually sings to us
in the special moments (Birthdays, Graduation and etc. ) or speaks to us with
affection (Thank You, Sorry, I love You and etc.). Attached to the phrase Singing
Sweets’ is the word “Haus” which is deeply associated to the word home. The
company chose the word “Haus” instead of the usual spelling of “House“,
because they believe that constructing the word creatively would contribute to the
company’s marketing style that can attract more customers. Moreover, the
company wants to make people feel that once they choose its products and
services, they would feel special through personalized and homemade-like cakes
and cupcakes. As people would say, “There is no place like home”.
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Singing Sweets’ HausC. Company Logo
Figure 1: Company Logo of Singing
Sweets’ Haus
Figure 1 is the logo of Singing Sweets’ Haus. The logo of the company is
the collaboration of a swan, a heart, a cupcake, a note, rays, and the word
“haus”. All of this are explained below:
Cupcake: This is the main product of the company. In this logo it
represents as a crown, which symbolize as influence and power. This cupcake of
the company will become the best cupcake ever had in the world of business.
This is the cupcake of dominance over the other.
Two Goose: The two gooses represent us, the persons who believe in
love. The two gooses represent mutuality. They are sharing their feelings,
thought and love, which is the main purpose of the company, is to share its
blessings and goodness.
Heart shape: The two gooses forming a heart shape represent the love
that the company shares. The company doesn’t only focus on increasing profit
but giving importance in sharing their love to the costumer. The company wants
to spread love to the people, and let them share it to the others.
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Singing Sweets’ Haus
Pink rays: This represents as a pathway. This means that the company
wants to spread more and share more their blessings to the others. The
company is expecting that this company will last longer and would be the best
cupcake company in the business world. This company would be prosperous in
some way.
Note: The note represents the uniqueness of the company. This is the
only company that manufactures and sells cupcakes which sings and talks.
Music is loved by many people so is our company.
Goose-forming double S: This represents the company name initials,
which starts with the letter “s”.
Haus: This represents also the company name, Singing Sweets’ Haus.
This “haus” represents Home. The owners of the business consider the company
as a home because this company believes that love starts at home. By sharing
our love to them they could feel that they are important to the society.
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Singing Sweets’ Haus
D. Tagline
Figure 2: Tagline of Singing Sweets’ Haus
The tagline of the company tells about the main product of “Singing
Sweets’ Haus”. It is connected to the company’s name, because it tells about the
product that the company offers. The company assures that they make every
message sweet as a cupcake and they always bake fresh and delicious cupcake
for the customers.
E. Vision
Singing Sweets’ Haus is envisioned to be the premiere destination for
Cupcakes in the Philippines. We will strive for that by going that extra mile and
making people smile with the goody sweetness of Singing Sweets’ Haus through
constant improvement, and strict adherence to the highest standards of quality.
In the future, we intend to sustain our modern edge to be as customer-friendly as
possible and to provide the finest quality of taste to each product as the customer
envisioned to exceed their expectations regardless of what they can, and cannot
eat.
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F. Mission
The mission is to provide a vast array of high quality baked goods in a
modern and creative way. Each customer that purchases one of our specialty
products contributes to the overall success of Singing Sweets’ Haus. In order to
achieve this, the company will undertake the following:
To provide unique products that will change our customer’s perception
of regular cakes and cupcakes. We love what we do; therefore, we work
each sweet cupcake in its unique and yummiest way that will surely
make customers have an unforgettable experience that will keep them
coming back for more;
To provide appreciation to customers for the opportunity to serve them
and provide happiness and joy through the art of food by giving them
the cupcakes that they deserve.
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Singing Sweets’ Haus
G. Core Values
S. W. E. E. T. S.Figure 3: Core Values of Singing Sweets’ Haus
Satisfying customers
Singing Sweets’ Haus aligns pricing with the perceived value of the
customers, provides products based on consumer’s wants and ensures
that customers will be happy with the product or service received.
Working with passion
Singing Sweets’ Haus staff individually works with passion. Tapping into
the power of passion in accomplishing what you want with yourself and
with your company, this energizes a group of people into greatness.
Establishing relationship
Building relationships both with co-workers and customers enable a long-
time commitment in work and in the target market. Singing Sweets’ Haus
would provide good relationship to customers by providing them a
hundred percent of staffs’ skills.
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Singing Sweets’ Haus
Elevating authenticity
A pastry shop that is generating new idea for making creative products
for special occasions, uniqueness is what Singing Sweets’ Haus could
offer. It will provide customers a sweet taste that will open customer’s
sweet side.
Transforming imaginations into creations
Singing Sweets’ Haus wants its customers to know that with the shop,
imaginations can turn into creations.
Showcasing delicious food with creative thoughts
Singing Sweets’ Haus bakes cakes with best ingredients and presents it
in a creative way suitable in every occasion.
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Singing Sweets’ HausH. Organizational Chart
Figure 4: Organizational Chart of Singing Sweets’ Haus
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Venizze Angela M. PabloPresident
Natasha Kim V. ConluHead of Operation
Management
Jenis C. VilanuevaHead of Financial
Management
Settie B. DerogonganHead of Marketing
Management
Joshua B. EnolvaHead of Maintenance
Management
Angelika B. ZafraHead of Human
Resource Management
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Singing Sweets’ HausFigure 4 shows the organizational chart of the business starting with the
president of the company, Miss Venizze, who will be responsible with all the
activities as well as the decision-making. On the other hand, there are five
managers who will work closely related with each other, namely, Natasha as the
operation manager, Miss Jenis as the financial manager, Miss Settie as the
marketing manager, Miss Angelika as the human resource manager, and Mr.
Joshua as the maintenance manager.
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Singing Sweets’ HausCHAPTER II
PRODUCTS AND SERVICES
A. Description
The proposed products of the Singing Sweets’ Haus are the singing cakes
and cupcakes. These cakes and cupcakes are placed inside the company’s
signature box containing an electronic greeting. This e-greeting contains the
personalized message for the customer’s recipient. Moreover, it is designed for
the customers to have the perfect present ready for their loved ones. It also
offers the sweetest panache of greeting their loved ones in the memorable dates
of their lives. Singing Sweets’ Haus products aid in providing the customers the
perfect gift for their loved ones, which the recipient could store and treasure for a
long time. In addition, the company began to establish a strong and good
relation contracts with its suppliers, to provide the best and sizable cost savings
for its customers.
B. Kinds of Products
The company will offer the following products:
Cakes: This will include chiffon, cheesecake and ice cream types
of cake. From the regular chocolate chiffon flavored cake, customers can
choose from the special cheesecake flavored such as mango, blueberry
and Oreo and also the signature rainbow, M&Ms, Kitkat, and Oreo
flavored cake. The choices from the type of cake and flavor depends on
the customer’s own preferences.
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Singing Sweets’ HausCupcakes: This will include the Singing Sweets’ Haus regular
flavors; such as the red velvet, vanilla, mint, carrot cupcake and chocolate
(milk, white or dark). The specialty cheesecakes includes blueberry,
Oreo, cookies and cream, S’mores and M&Ms and the company’s
signature cupcake is the artisan rainbow ice cream cake. The customers
may add toppings if desired, including letter candies, sprinkles, chocolate
chips, chocolates which is available in the store.
Beverages: The customers could dine-in and purchase cake or
cupcakes to be eaten in the store. Thus, beverages are made available
including Singing Sweets’ Haus house blend milkshakes, fruit shakes, iced
tea and water.
Electronic Greeting/E-greeting: The customers’ take – out could
have an e-greeting or not. There are readily available e-greetings for
Birthdays, Anniversaries and in-coming popular holidays like Halloween,
Christmas, New Year, and etc. Moreover, sweet greetings like “I love you”,
“Congratulations” and many others are also available. The company’s
signature RYG or record your own greeting is done by the customers.
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Singing Sweets’ HausC. Kinds of Services
The company will offer the following services:
Packing services: This includes the cutting of the recorded voice of
the customer/s.
Cupcake or Cake personalization: This includes the preparation of
the cupcake or cake. If the customers desired flavor or type of cake is not yet
available in the store for them to buy, they may ask the assistant or the
cashier in charge to have it made, which may require them to wait.
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Singing Sweets’ HausCATEGORY FLAVOR SPECIAL FEATURE/S PRICE MERCHANT/S
“The
Regular”
The Chocolate
Meltdown
8 X 8
8X12
12X12
2 layered cakeRich chocolate chiffon
cake with fudgy Belgian
chocolate icing and
filling.
* Free 5 long colorful
candles and plastic
bread knife.
P 350.00
P 520.00
P 750.00
BNC
Ingredients
“The
Specialty”
Cheesecakes
Oreo
Mango
Blueberry
8 x 11 Round
Made with rich
camembert cheese
with hole in the middle
filled with sweets of the
given flavor
* Free 5 long colorful
candles and plastic
bread knife.
P 680.00
P 680.00
P 680.00
BNC
Ingredients
Slattery
“The
Signature”
Ice Cream
Cakes
Rainbow
(7 colorful
layers)
Kitkat
M&Ms
10 inch Round
Artisan ice cream cakes
crunch center, and
flavored soft serve.
* Free 5 long colorful
candles and plastic
bread knife.
P 750.00
P 750.00
P 750.00
BNC
Ingredients
Slattery
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Singing Sweets’ HausTable 1: Singing Sweets’ Haus Cake Products
Table 1 shows the company’s cake products, which are divided into three
(3) categories: the regular, the specialty, and the signature cakes. Under the
regular is the chocolate chiffon flavored cake in different proportions. On the
other hand, the specialty cakes consist of cheesecakes while the signature cakes
consist of ice cream cakes. These categories are classified according to the type
of cake, which the company has used as the foundation to establish the set
prices.
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Singing Sweets’ HausCATEGORY FLAVOR
SPECIAL
FEATURE/SPRICE MERCHANT/S
“The
Regular”
Red velvet
Vanilla
Mint
Carrot
cupcake
Chocolate
(milk, white
or dark)
Different colors, flavored
toppings and design with
cream cheese frosting
P 85.00
each
-BNC
Ingredients
-Slattery
-HB Ingredients
“The
Specialty”
Oreo
Cookies &
Cream
S’mores
Blueberry
M&Ms
Different colors, flavored
toppings and design with
cream cheese frosting
P 85.00
each
-BNC
Ingredients
-Slattery
“The
Signature”
Rainbow
Artisan ice cream
cupcake of seven
colorful layers and
cream cheese frosting -
an impressive
showstopper
P 110.00
-BNC
Ingredients
-Slattery
-HB Ingredients
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Singing Sweets’ HausTable 2: Singing Sweets’ Haus Cupcake Products
Table 2 shows the company’s cupcake products, which are divided into
three (3) categories: the regular, the specialty, and the signature cupcakes.
Under the regular is the chiffon flavored cupcake. On the other hand, the
specialty cakes consist of cupcakes, in a form of cheesecakes; while the
signature cupcake is the “Rainbow” cupcake molded into 4 colorful layers, which
could be in a form of the regular cupcake or ice cream cupcake. These
categories are classified according to the type of cupcake, which the company
has used as the foundation to establish the set prices.
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Singing Sweets’ Haus
TYPES DESCRIPTION FLAVOR PRICE MERCHANT
Mineral
WaterBeverage None Free Aqueous
Iced tea House blend
Red Iced Tea
(Regular)
(Bottomless)
P
35.00
P
40.00
Templar Food
Products
Milkshakes House blend
Madagascar Chocolate
Frozen Vanilla
Blended with milk and
ice cream with flavored
syrup topped with
whipped cream and
cherry
P
160.00
each
Templar Food
Products
Fruit
ShakesHouse blend
Mango
Strawberry Tofu
Banana
Made with Greek yogurt
and topped with cherry
P
110.00
each
The Sunshine’s
Fruit
Warehouse
Table 3: Singing Sweets’ Haus Beverages Products
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Singing Sweets’ Haus
Table 3 shows the company’s beverage products, which are divided into
four (4) types: water, iced tea, milkshakes, and fruit shakes. Under these types
are various flavors with their corresponding prices based on the cost of the
ingredients used.
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Singing Sweets’ Haus
TYPES DESCRIPTION PRICE MERCHANT
Ready – made e-
greeting
The e-greeting available in
the store of the company.
+
P 30.00BRPboxshop
Record your own
greeting (RYG)
The e-greeting can come
from the customers own
voice recording that is
done during the purchase.
+
P 45.00BRPboxshop
Personalized
Written
Dedication
Dedication in Words
Dedication with Picture
(purchased with e-
greeting)
Dedication with Picture
(purchased without e –
greeting)
Free
Free
+
P 6.00
Picture or Dedication is
provided by the customers.
Dedication in Words
Cake
(Max. 30 words)
Cupcake
(Max. 15 words)
Dedication with Picture
Cake
(Max. of 3 ½ x 5)
Cupcake
(Max. of 2 x 3)
Table 4: Singing Sweets’ Haus Cake and Cupcake E-greeting
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Singing Sweets’ Haus Packing and Personalization
Table 4 shows the company’s cake and cupcake e-greeting packing and
personalization which is divided into three (3) types: ready – made e-greeting,
record your own greeting (RYG), and personalized written dedication. Under the
ready- made e greeting, customers can choose from the available e-greeting sold
in the store. The record your own greeting refers to the like of the customers to
have their personal message to their loved ones through their own recorded
greeting. Moreover, the personalized dedication refers to the like of the
customers to have pictures placed on the packing of their cake or cupcake gift,
provided that it meets the picture size requirement of (Max. of 3 ½ x 5) for the
cake and (Max. of 2 x 3) for the cupcake.
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Singing Sweets’ HausCHAPTER III
MARKET ANALYSIS
A. Market Overview
Figure 5: Philippines Population (Year 2003-2015)
Figure 4 shows the population of the Philippines from 2003 to 2015.
According to Philippine Statistics Authority (PSA) this year’s summary of
projected population is a total of 102,965,300 and is expected to increase to
111,784,600 in a three (3) year projection (2015-2018) in an Average Annual
Exponential Growth Rate of 1.64.
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Singing Sweets’ Haus
Table 5: Age/Sex of Population
in Metro Manila in a Five – Year projection (2015-2018)
Source: Philippine Statistics Authority - National Statistical Coordination Board Makati City, Philippines
Table 5 shows the currently recorded population in National Capital
Region, the potential market of the company, which is nearly 8.4 percent of the
total population in Philippines in Year 2015. With this number of potential buyers,
the company could expect a positive response on the demand of the Singing
Sweets’ products.
B. Market Description
The market area compromises the whole Metro Manila, particularly at the
Blue Bay Walk, Metropolitan Park EDSA Ext, and Pasay City. The company
believe that it will be able to yield a large market base as revealed from the total
number households and entire population. There will only be subtle conflicts on
the transportation because of the improved infrastructures and innovation of
technologies.
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Singing Sweets’ HausC. Target Market
The company has recognized a key capacity and fullness on its launch
stage in the mainland of the Philippines, the Metro Manila, particularly the Pasay
City. The initial demographic assessment reveals that this area has massive
technological innovation and is the centre of industries and huge basin of schools
and work establishments enough for the company’s new innovations to make it
positively through the potential market.
Demographic Segmentation
Singing Sweets’ Haus identifies its target market based on the
demographic profile of the target market. The profile for customer consists
of the following geographic, demographic and behavioral factors:
Geographic
The company has no immediate geographic target. The only
constraint is that the majority of sales will be from within the Philippines
due to the importing/exporting tariff that do not make it cost effective
for an international order to be placed.
The total targeted population will be focusing on people in Metro
Manila since the company believe that it is the centre of industries. A
place where most income is expected to be high and would give an
immediate feedback on the product.
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Singing Sweets’ HausDemographic
The product and services can be enjoyed by people who are 4 years
old and above.
The product and services cater both male and female in any status or
occupation.
Behavioral Factors
People who are very cognizant in quality time with their family
People who have no health risk/ issue in sugar level especially
Diabetes
People who are very affectionate and sensible in celebrating
occasions or coming up with surprises
People who love cakes and cupcakes
People who loves sweet, fresh and great ambiance in eating
The company believe that the products are ideal for the customers
coming from both male and female with the age of 4 years old and above,
without health risk/ issue in their sugar level. The company have chosen
such age for according to the Bureau of Food and Drugs (BFAD), people
ages 4 years old and above are already safe to eat chocolates, cupcakes,
cakes and other sweets without choking or expelling any health threats.
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Singing Sweets’ HausD. Location
Customers could easily come across the business since the first vicinity of
the branch will be located at Blue Bay Walk, Metropolitan Park EDSA Ext, and
Pasay City.
This site has been chosen because of its accessibility and great
ambiance. Moreover, it is also near in one of the largest SM Malls, which could
contribute in bringing customers awareness in the store. Transportation nor
communication facilities will not be a problem as of the great quality of life, well-
constructed infrastructures, advanced technology innovations present in the site.
E. Competition
Based on the geographical positioning of the business, the management
found out that within the area there are businesses that offer similar product but it
only poses a low threat since those businesses offer almost the same product
and do not have singing cakes and cupcakes like the company have.
Furthermore, the management also found out that the same shops offer not only
ordinary flavors but also unique flavors of cakes and cupcakes. However, the
location of other shop is too far away from the site of the business. Thus, Singing
Sweets’ Haus do not see any major competitor in terms of the product we sell.
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Singing Sweets’ HausF. Competitor’s Profile
Direct Competitors
Cupcakes By Sonja
Cupcakes by Sonja opened in
Serendra on September 8, 2006 as
the first bakeshop in Manila to
specialize exclusively in cupcakes,
and the first in the country to
introduce traditional Southern red velvet cupcakes with the Red Velvet
Vixen—a delicious concoction made with Belgian cocoa and topped with
cream cheese icing. They have five (5) branches located at Power Plant
Mall, Trinoma, Serendra, Glorieta 2, and SM Megamall.
Vanilla Cupcake Bakery
Vanilla cupcake bakery was created in
2012. It is Manila’s cupcake wonderland. It offers
a wide variety of cupcake flavors and an
ambiance worthy of your Instagram,Ttwitter and
Facebook - the go-to haven of every sweet tooth.
It has five (5) branches located at Glorietta 3, Glorietta 4, Alabang Town
center, Trinoma mall, and UP Town Center.
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Singing Sweets’ Haus
Twelve Cupcakes
Twelve Cupcakes opened its
doors in July 2011 in Singapore and
has grown rapidly with overwhelming
response from its passionate
customers. The strong following is due to the brand promise to deliver only
freshly baked cupcakes that are handmade from scratch every day.
Coupled with the use of quality gourmet ingredients, Twelve Cupcakes
does not cut corners in creating the perfect cupcake for the Asian palate.
A Twelve Cupcakes' Cupcake is moist, fluffy and less sweet and
has a light smooth frosting that tantalizes the palate. Many satisfy their
sweet-tooth cravings with these elegant-looking treats that are housed in
their signature pink boxes. It is perfect for gatherings or just to give your
day a sweet ending. It has four (4) branches located SM City BF, Century
City mall, Lucky Chinatown Mall, and SM Mall of Asia.
Indirect Competitors
Conti’s Bakeshop & Restaurant
Since opening its doors
to families and friends in
Parañaque in 1997, Conti's
Bakeshop and Restaurant has
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Singing Sweets’ Hauscreated and shared memories of togetherness to people who have come
to love our wide selection of products, including our signature dishes such
as the Baked Salmon, Chicken Pie, and the well-loved Mango Bravo. It
has fourteen (14) branches located at Alabang Town Center, Westgate
Mall Alabang, Bluebay Walk Pasay, Greenhills, Greenbelt 2, Nuvali,
Robinsons Magnolia, BF Homes Parañaque, Serendra, Katipunan, Shaw
Boulevard, SM Mall of Asia, Trinoma Mall, and SM Megamall.
Red Ribbon Bakeshop
Red Ribbon Bakeshop
started in 1979 in Timog,
Quezon City. Red Ribbon has
grown to over 270 outlets all over the Philippines and over 30 stores in US
with locations in California, Nevada, Washington, Hawaii, New York, New
Jersey and Virginia. With its acquisition in October 2005 by Jollibee Foods
Corporation, Red Ribbon entered a new phase in its company history. The
company soon became one of the biggest and fastest growing bakeshops
in the Philippines and has taken part in every Filipino’s special moments. It
provides baking cakes. Its products include choco mallows, choco mocha
crunch, chocolate cakes, chocolate mousse, chocolate torte, coffee
crunch, cookies and crème, mango cakes, mango cream pie, mocha
cakes, rocky road cakes, sans rival, truffle cakes, ube cakes, blueberry
cheesecakes, ube macapuno cakes, santa cakes, fruit cakes, birthday
cakes, and wedding cakes.
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Singing Sweets’ Haus
Goldilocks Bakeshop
Goldilocks
Bakeshop is a
bakeshop chain
based in the Philippines, which produces and distributes Philippine cakes
and pastries. The chain was named after Goldilocks, a character from the
fairy tale Goldilocks and the Three Bears. It was first opened in 1966 as a
family business and started in a one-door apartment of a two-story
structure on Pasong Tamo Street, Makati City. It has established 192
branches throughout the islands. According to a 2011 study by Taylor
Nelson Sofres Philippines, Goldilocks enjoys a total product awareness of
100 percent. More impressively, Goldilocks has managed a full conversion
of awareness-to-trial, and has done exceedingly well in retaining trial to
regular purchase. It enjoys a committed customer base, and continues to
attract even more
Angel N Kiss Bakery
Angel N Kiss Bakery is a new
bakery cafe's first venture in Asia, which
aims to bring an exciting new twist to the
other existing bakery cafe in the
Philippines. It offers a wide array of sinfully good cakes, pastries, burgers
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Singing Sweets’ Hausand breads. Also in the menu are coffee and cold drink concoctions with
distinct Korean taste and flavor.
It is a two-floored building with an art deco charm evidently shown
throughout its wall design. A splash of black tiles with an edgy feels to it.
Even the tables and chairs at the second floor speak of distinctiveness, an
out of this world, and an out of the ordinary sense for aesthetics. The price
is very affordable for a food joint that has so much potential and class. The
bestseller cakes are priced to just over P700. The choices are delish both
to the eyes and taste buds. The service is good and the crews are superb
in what they do.
Dairy Queen
Dairy Queen is a
chain of soft serve ice cream and
fast food restaurants owned and
operated by the Araneta Group. It
serves a variety of frozen products, such as soft serve ice cream. The
Dairy Queen experience makes you always come back for more, and his
is the reason behind their sweet success story uniquely its own.
There are already some businesses that have a firm hold in the
market place. The management grouped the competitors into two: direct
and indirect competitors. The direct competitors are one, which offers the
same products or services. It includes the following business: Cupcakes
by Sonja, Vanilla Cupcake Bakery, and Twelve Cupcakes. As for the
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Singing Sweets’ Hausindirect competitors, these are the companies who offer other products or
services that can be substituted for our product. It includes the following
business: Goldilocks Bakeshop, Red Ribbon Bakeshop, Dairy Queen,
Angel N Kiss, and Conti’s Bakery & Restaurant.
These businesses will not be much of a competition because as a
matter of fact the business will be far more victorious than the competitors
since these can only be alternatives for our products and services.
Competition with other bakeries surrounding Singing Sweets’ Haus will
encourage the management to stay true to our business. The company
will be much different by providing both a comfortable and fun
environment as well as presenting cupcakes that will certainly please all of
our customers. It will decorate the cakes and cupcakes with great deals of
time unlike other cupcake businesses in Metro Manila
G. SWOT Analysis
Singing Sweets’ Haus has both internal and external factors, which affect
its ability to operate. Those factors are presented through elaborating the
strengths, weaknesses, opportunities and threats the company have.
Strengths
Passion will be present in creating cakes and other products.
A hundred percent satisfaction will be delivered to the customers.
Quality control will be implemented.
Target market will be all demographics.
Unique products will be catered.
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Singing Sweets’ Haus Presentation of cakes and pastry will be new and different that will
give product differentiation.
Location of the bakery will be accessible and there will be many
people around the location.
Staffs with experiences will be hired to provide quality service and
products.
Ambience of place will be really good.
Weaknesses
Bakery products are perishable items hence needs to be sold as
soon as possible to gain maximum benefit.
Bakery items will be limited.
Lack of experience and funds will be hindrances in operating in
marketing the business.
Healthy living people will not be attracted to our products.
Opportunities
Social networking sites like Facebook, Twitter and Instagram will
enable advertisement.
Expansion of product line will enlarge the business in the future.
Growing market will trigger more probable customers.
Threats
Competition will be a barrier in entering the market.
The consumers might not easily accept new products in the market.
Price wars may be present.
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Singing Sweets’ Haus Product substitution might limit sales.
CHAPTER IV
FINANCIAL PROFILE
The six (6) partners will contribute P 250,000 each to provide for the
amount of capital needed to start the business. This amount will serve as the
initial funding for the company's pre-operating and operating expenses as well as
the purchasing of all the necessary materials and equipment to start the
business.
A. Total Project Cost
For the First Month of Operations
A Business Plan 39
Singing Sweets’ HausOperating Expenses
Supplies Expense
Utilities Expense
Rent Expense
Salary Expense
Product Cost - based on the projected unit sales
Pre-operating Expenses
Fixed Assets
Outright Expenses
Marketing Expenses
TOTAL:
450.00
4,000.00
15,000.00
26,400.00
105,820.83
58,670.00
971,000.00
2,000.00
500,000.00
1,683,340.83
Table 6: Total Project Cost
Table 6 shows all the projected expenses of the business for the
first month of operations to determine how much money they are going to
invest to start the business. Based on the projected expenses of P1, 683,
340.83 , the partners have agreed to invest P250, 000 each to have a total
initial investment of 1,800,000.
B. Pre-Operating Expenses
BUSINESS REQUIREMENTS:
SEC Registration 4,670.00
Mayor's Permit 1,400.00
Business License 2,500.00
Barangay Clearance 1,500.00
A Business Plan 40
Singing Sweets’ HausBIR 3,600.00
Contract Cost (Electronics Company) 20,000.00
Opening 10,000.00
Promotions 5,000.00
TOTAL: 48,670.00
Table 7: Pre-Operating Expenses
C. Fixed Assets For Operations
PARTICULARS QUANTITY UNIT COST TOTAL
Computer 2 20,000.00 40,000.00
Printer 1 5,000.00 5,000.00
Telephone 1 3,000.00 3,000.00
Tables 4 2,000.00 8,000.00
Chairs 20 250.00 5,000.00
Air-conditioning 2 35,000.00 70,000.00
Building/Shop 1 750,000.00 750,000.00
A Business Plan 41
Singing Sweets’ HausMixer 2 25,000.00 50,000.00
Oven 2 20,000.00 40,000.00
TOTAL: 971,000.00
Table 8: Fixed Assets for Operations
Table 8 shows all the fixed assets or the Property, Plant and
Equipment of the Singing Sweets Haus to start its operations. The business
will have a customized building/shop of which it has the greatest cost for the
fixed assets. The total Fixed Assets are depreciated based on their number of
years of useful life.
D. Outright Expenses For Operations
PARTICULARS QUANTITY UNIT COST TOTAL
Flyers 750 2.00 1,500.00
Brochures 5 100.00 500.00
TOTAL: 2,000.00
Table 9: Outright Expenses for Operations
Table 9 shows the other expenses that may be considered also as
miscellaneous expenses. These are the printing expenses for the flyers and
A Business Plan 42
Singing Sweets’ Hausbrochures that will be distributed to the customers as a part of the marketing
strategy of the business.
CHAPTER V
MARKETING STRATEGIES
A. Service Strategy
Singing Sweets’ Haus will ensure customer satisfaction. The business will
promote devotion to customer satisfaction through the company’s website,
printed ads, and other advertisements. The employees will be trained to acquire
the appropriate skills, information as well as the supervisory support to achieve
and maintain customer satisfaction. The employees will easily resolve customer’s
A Business Plan 43
Singing Sweets’ Hausproblem quickly and courteously. As a result, the business will have a good
impression to the customers in terms of customer service. Lastly, the business
will listen to customer’s feedback. Understanding flaws can help the company
assess the customers’ satisfaction and likelihood in availing the business’s
products and services.
B. Promotion Strategy
Signs: Signboards will enable people to know that Singing Sweets’ Haus
is open for business. It will give way to increase potential customers. A tall, free-
standing sign will be placed outside the business’ location, where customers will
be aware of the special products and new items the business has whenever
customers would pass by the bakery. This sign will be changed by the business
every time they will have new offerings. Through the signboards, people will
know what the shop is and what it has to offer.
Social Media: Singing Sweets’ Haus can get a mouth-watering and
positive reaction if social media sites such as Facebook or Twitter are to be used
to promote the shop. A store account must be set up, and messages must be
regularly checked in order to interact with the potential customers. Photos must
be posted including the testimonials from satisfied customer as well as
information on promos, and ideas in using the products. Netizens will be curious
on what the shop has to offer. Since the business offers a unique product and
experience, many people will talk about it. Thus, making the business
commercially successful. Advertising bakery products on holidays, and offering
special discounts during the slow season can pump up the business.
A Business Plan 44
Singing Sweets’ HausFlyers: A flyer can give a glimpse on how creative the company is. Flyers
must stand out and highlight the main message of the company. It will be given
to potential customers to promote the bakery.
Events: Local fairs can give opportunities to showcase the products and
services of the company. Free samples will be given so that potential customers
can taste what the business has to offer. In every products that the business will
sell, a tag must be included containing the contact information and address of
Singing Sweets’ Haus.
C. Location Strategy
The business will be strategically located at Blue Bay Walk, Metropolitan
Park EDSA Ext, Pasay City. This will serve as one of the best location for Sweets
Singer Haus as it attracts a lot of young college adults as well as employees from
companies around. The accessibility of the location is ensured to its target
market since it has great curb appeal and people will be more likely to stop by
and come in.
D. Brochure
A Business Plan 45
Singing Sweets’ Haus
Figure 6: Brochure of Singing Sweets’ Haus
Figure 6 shows the brochure of the company. The brochure contains the
available products the company is offering. It also includes the location as well as
the business layout of Singing Sweets’ Haus.
A Business Plan 46
Singing Sweets’ HausE. Streamer
Figure 7: Streamer of the Singing Sweets’ Haus
Figure 7 shows the Singing Sweets’ Haus’s main signage which is fixed to
the upper wall of every public information bulletin. In addition, it will also be
visible outside the store's premises. As what the business is telling, the streamer
looks like a cupcake patterned from the main product. The logo and the tagline is
place at the center of the main building so that it will be seen clearly and directly.
The main layout can be seen at the blueprint, figure 9. No need to explain the
main layout of the building.
F. Location Layout
A Business Plan 47
Singing Sweets’ Haus
Figure 8: Vicinity Map of Singing Sweets’ Haus
A Business Plan
Singing Sweets’ Haus
48
Singing Sweets’ HausFigure 8 shows the vicinity map of Singing Sweets’ Haus, which is located
at the Bluebay Walk, Pres. Diosdado Macapagal Blvd. EDSA, Pasay City. This
map shows the different establishments that can be seen around Bluebay Walk
where the business will be located. The location of the company is almost the
nest of every hotel, Institutional school, church, industrial parks, business parks
and retail. That is why the target location of the business of the company is
located in Bluebay Walk because of the great percentage of customer or buyers.
A Business Plan 49
Singing Sweets’ HausG. Business Layout
A Business Plan
Figure 9: Business Layout (top view, ground floor)
50
Singing Sweets’ HausFigure 9 shows the business layout of Singing Sweets’ Haus as seen on
the top view projection. The blueprint shows that there are two parts of the
building: the first one is the inside layout, and the second one is the outside
layout. The inside layout is composed of the following: double doors, tables and
chairs, counters, and the main storage of the baked goods. This is the part where
buyers can choose, order, and eat. Since the business will be installing an air
conditioning system, customers can choose if eating inside will be satisfactory
due to the cold atmosphere.
The outside layout is composed of the following: tables, chairs and the
single exit door. This is the part with an open air. The business is expecting that
there will be smoking customers who will want to sit outside. As a result, the
business will place an outside area where the smoking customers can sit and
relax. Customers can smoke, chitchat, and eat outside as long as they exercise
good manner and right conduct towards other customers of the business. The
layout of the business is patterned from the structure of a cupcake. The building
will be shaped like a cupcake copied after the main product of the company,
which is the singing cupcake.
A Business Plan 51
Singing Sweets’ HausH. Gantt Chart
A Business Plan
Table 10: Gantt Chart
52
Singing Sweets’ HausCHAPTER VI
PROVISIONS FOR EXPANSION
To cope with the rapid emergence of the cake and cupcake industry, the
company have come up to the following provisions for expansion to maintain its
strong relationship with its valued clientele and with hope of encouraging more
clients as it provides innovative ways of serving them.
Expand the business outside the vicinity of Pasay City. This includes
having a branch located in Makati City and Taguig City, for these areas
have massive technological innovation and is the centre of industries and
huge basin of schools and work establishments enough for the company’s
new innovations to make it accessible and positively through the potential
market.
Expand the business outside the Philippines and make it successfully to
the global market.
Provide another product line for the customers to enjoy and crave.
Cater to parties or events to broaden connection with customers and other
business industries.
Provide delivery option for customers in purchasing Singing Sweets’ Haus.
Handle a number of increasing clients by hiring more employees.
A Business Plan 53
Singing Sweets’ HausCHAPTER VII
CONCLUSION
Based on the research and study, the researchers therefore conclude
that the business is feasible and viable in the market. Once the industry was
understood, the feasibility of Singing Sweets’ Haus was analyzed. By examining
local statistics such as market size, customer demographics, and competition,
multiple strategies were developed pertaining to marketing, sales, pricing, and
operations. The opening of a custom cake and cupcake shop in Blue Bay
Walk, Metropolitan Park EDSA Ext, Pasay will be profitable, successful and
may lead to future expansion for the company. As a result, Singing Sweets’
Haus has the potential to become the premiere cupcake destination in the
Philippines.
A Business Plan 54
Singing Sweets’ HausCHAPTER VIII
RECOMMENDATION
Singing Sweets' Haus is a new business in the Philippines particularly in
Pasay. The company needs to focus in the following aspects:
Strengthening the promotional strategies of the business to make
customers aware about the company’s products and services.
Creating a marketing strategy that is efficient and also effective.
Developing the company’s image to make customers accustom to the
products and services it has to offer.
A Business Plan 55
Singing Sweets’ HausCHAPTER IX
APPENDICES
A. Projected Financial Performance
SINGING SWEETS’ HAUS
SALES FORECAST
PARTICULARS Year 1 Year 2 Year 3
POTENTIAL
MARKET SIZE
PER YEAR
Birthday 6,000 6,300 6,615
Wedding 300 315 331
Anniversary 5,000 5,250 5,513
Graduation 16,000 16,800 17,640
Monthsary
(teens)8,000 8,400 8,820
Christmas 20,000 21,000 22,050
New Year 20,000 21,000 22,050
Valentines 15,000 15,750 16,538
Other
Occasions20,000 21,000 22,050
MARKET SHARE 25% 30% 35%
NO OF
CUSTOMERS
PER YEAR
Birthday 1,500 1,890 2,315
Wedding 75 95 116
Anniversary 1,250 1,575 1,929
Graduation 4,000 5,040 6,174
A Business Plan 56
Singing Sweets’ HausMonthsary
(teens)2,000 2,520 3,087
Christmas 5,000 6,300 7,718
New Year 5,000 6,300 7,718
Valentines 3,750 4,725 5,788
Other
Occasions5,000 6,300 7,718
SALES PER
MONTH
Birthday 12,500.00 15,750.00 19,294.00
Wedding 625.00 788.00 965.00
Anniversary 10,417.00 13,125.00 16,078.00
Graduation 33,333.00 42,000.00 51,450.00
Monthsary
(teens)16,667.00 21,000.00 25,725.00
Christmas 41,667.00 52,500.00 64,313.00
New Year 41,667.00 52,500.00 64,313.00
Valentines 31,250.00 39,375.00 48,234.00
Other
Occasions41,667.00 52,500.00 64,313.00
SALES PER
YEAR
Birthday 150,000.00 189,000.00 231,525.00
Wedding 7,500.00 9,450.00 11,576.00
Anniversary 125,000.00 157,500.00 192,938.00
Graduation 400,000.00 504,000.00 617,400.00
Monthsary 200,000.00 252,000.00 308,700.00
A Business Plan 57
Singing Sweets’ Haus(teens)
Christmas 500,000.00 630,000.00 771,750.00
New Year 500,000.00 630,000.00 771,750.00
Valentines 375,000.00 472,500.00 578,813.00
Other
Occasions500,000.00 630,000.00 771,750.00
Total Sales Per Year2,757,500.0
03,474,450.00 4,256,202.00
Table 11: Sales Forecast
Assumptions:
1. There will be a 5% increase in the potential market per year based from the
average increase of celebrators per year for 3 consecutive years on the
basis of the original market size.
2. There will be a 5% increase in the market share per year based from the
average increase of celebrators per year for 3 consecutive years on the
basis of the original market size.
3. Sales per year will increase by 5%.
A Business Plan 58
Singing Sweets’ HausSINGING SWEETS’ HAUS
PROJECTED EXPENSES
A Business Plan 59
Singing Sweets’ HausPARTICULARS Year 1 Year 2 Year 3
Supplies
Coupon Bond-Short
(5 reams) 5 x 120
600 630 662
Printer-Ink (Cyan,
Magenta, Yellow &
Black ) 24 x 200
4,800.00 5,040.00 5,292.00
TOTAL 5,400.00 5,670.00 5,954.00
Utilities
Lights -
1,500/month
30,000.00 31,500.00 33,075.00
Water- 1,500/month 18,000.00 18,900.00 19,845.00
Telephone-1000/
month
12,000.00 12,600.00 13,230.00
TOTAL 60,000.00 63,000.00 66,150.00
Depreciation Computer
(40,000-5000)/5
yrs.
7,000.00 7,000.00 7,000.00
Printer- 5,000/10
yrs.500.00 500.00 500.00
Telephone-3,000/5
yrs.600.00 600.00 600.00
Tables- 8,000/4 yrs. 2,000.00 2,000.00 2,000.00
Chairs- 5,000/4 yrs. 1,250.00 1,250.00 1,250.00
Aircondition- 14,000.00 14,000.00 14,000.00
A Business Plan 60
Singing Sweets’ Haus70,000/5 yrs.
Building-
750,000/25 yrs.30,000.00 30,000.00 30,000.00
TOTAL 55,350.00 55,350.00 55,350.00
Salaries And
Wages
Service Crew (2)
13,200/month158,400.00 166,320.00 174,636.00
Cleaning and
Maintenance Staff
13,200/month
158,400.00 166,320.00 174,636.00
TOTAL 316,800.00 332,640.00 349,272.00
Rent
Expense15,000/month 180,000.00 189,000.00 198,450.00
Outright
Expenses2,000/month 24,000.00 25,200.00 26,460.00
Pre-Operating Expenses 58,670.00 0.00 0.00
Marketing Expenses 500,000.00 0.00 0.00
Repairs And Maintenance 0.00 30,000.00 36,000.00
Cost of
Good Sold
based on the
projected
Raw Materials
27, 575 x 38
1,047,850.00 1,100,243.00 1,155,255.00
Salary (2 Pastry
Chefs)
396,000.00 415,800.00 436,590.00
A Business Plan 61
Singing Sweets’ Haus
unit sales
16,500 x 12
Utilities (Gas)
2,000 x 12
24,000.00 25,200.00 26,460.00
Oven Toaster
50,000/10 yrs.
5,000.00 5,000.00 5,000.00
Mixer
40,000/ 10 yrs.
4,000.00 4,000.00 4,000.00
TOTAL 1,476,850.00 1,550,243.00 1,627,305.00
Total Projected Expenses 2,677,070.00 2,251,103.00 2,364,941.00
Table 12: Projected Expenses
Note:
Supplies expenses will increase by 5% per year.
Utilities expenses will increase by 5% per year.
Salaries and Wages will increase by 5% per year.
Rent Expense will increase by 5% each year.
Repairs and Maintenance will increase by 20% each year.
Outright Expenses will increase by 5% each year.
Raw Material Prices for the products will increase by 5% each year.
SINGING SWEETS’ HAUS
PROJECTED STATEMENT OF FINANCIAL PERFORMANCE
A Business Plan 62
Singing Sweets’ HausYear 1 Year 2 Year 3
PROJECTED REVENUE 2,757,500.00 3,474,450.00 4,256,202.00
PROJECTED EXPENSES
Supplies 5,400.00 5,670.00 5,954.00
Utilities 60,000.00 63,000.00 66,150.00
Depreciation 55,350.00 55,350.00 55,350.00
Salaries and Wages 316,800.00 332,640.00 349,272.00
Rent Expense 180,000.00 189,000.00 198,450.00
Outright Expenses 24,000.00 25,200.00 26,460.00
Pre-operating Expenses 58,670.00 0 0
Marketing Expenses 500,000.00 0 0
Product Cost - based on
the projected unit sales 1,476,850.00 1,550,692.50 1,627,305.00
Repairs and Maintenance 0 30,000.00 36,000.00
TOTAL PROJECTED EXPENSES 2,677,070.00 2,251,103.00 2,446,306.25
TOTAL PROJECTED INCOME
BEFORE TAX 80,430.00 1,222,897.50 1,891,261.00
INCOME TAX (32%) 25,737.60 391,327.20 605,203.52
PROJECTED NET INCOME 54,692.40 831,570.30 1,286,057.48
Table 13: Projected Statement of Financial Performance
Table 13 shows the total projected Net Income of Singing Sweets’ Haus
for three consecutive years. The projected expenses are deducted from the
total projected revenue to get the Gross Income. A 32 % tax based on the gross
A Business Plan 63
Singing Sweets’ HausIncome will also be deducted to get the total projected net income of the
business.
SINGING SWEETS’ HAUS
PROJECTED STATEMENT OF CASH FLOWS
Year 1 Year 2 Year 3
Cash Flows Cash Receipts:
A Business Plan 64
Singing Sweets’ HausFrom
Operating
Activities:
Sales 2,757,500.003,474,450.0
04,256,202.00
Cash Payments:
Supplies
purchased5,400.00 5,670.00 5,954.00
Utilities 60,000.00 63,000.00 66,150.00
Salaries and
Wages316,800.00 332,640.00 349,272.00
Rent Expense 180,000.00 189,000.00 198,450.00
Outright Expenses 24,000.00 25,200.00 26,460.00
Pre-operating
Expenses58,670.00 0.00 0.00
Product Cost 1,467,850.001,541,692.5
01,618,305.00
Marketing
Expenses500,000.00 0.00 0.00
Repairs and
Maintenance0.00 30,000.00 36,000.00
Income Tax Paid 25,737.60 391,327.20 605,203.52
Total: 2,638,457.602,578,529.7
02,905,794.52
Net Cash Flows
from Operating
119,042.40 895,920.30 1,350,407.48
A Business Plan 65
Singing Sweets’ HausActivities
Cash Flows
From
Investing
Activities:
Cash Outflows
Purchased Fixed
Assets(971,000.00) 0.00 0.00
Cash Flows
From
Financing
Activities:
Cash Inflows:
J. Villanueva,
Capital250,000.00 0.00 0.00
N. Conlu, Capital 250,000.00 0.00 0.00
V. Pablo, Capital 250,000.00 0.00 0.00
J. Enolva, Capital 250,000.00 0.00 0.00
A. Zafra, Capital 250,000.00 0.00 0.00
S. Derogongan,
Capital250,000.00 0.00 0.00
Cash Flows from
Financing
Activities
1,500,000.00 0.00 0.00
NET CASH INFLOWS 648,042.40 895,920.30 1,350,407.48
Add: Cash Beginning 0.00 648,042.40 1,543,962.70
Cash: Ending 648,042.401,543,962.7
02,894,370.18
Table 14: Projected Statement of Cash Flows
A Business Plan 66
Singing Sweets’ HausTable 14 shows the cash inflows and outflows based on operating,
investing and financing activities of Singing Sweets’ Haus. Based on the
information, the business increases its cash on its operating activities. The first
year of low ending cash balance is affected because of the Property, Plant and
Equipment purchases and payments for Marketing Expenditures. Second and
Third year ending cash balances are very large in comparison to the first year
ending balance because there are no purchases that has occurred.
A Business Plan 67
Singing Sweets’ HausSINGING SWEETS’ HAUS
PROJECTED STATEMENT OF FINANCIAL POSITION
Year 1 Year 2 Year 3
ASSETS
Current Assets
Cash
Non-Current Assets
Computer
Printer
Telephone
Tables
Chairs
Air-conditioning unit
Building/Shop
Mixer
Oven
Total Non-Current Assets
648,042.40 1,543,962.70 2,894,370.18
33,000.00 26,000.00 19,000.00
4,500.00 4,000.00 3,500.00
2,400.00 1,800.00 1,200.00
6,000.00 4,000.00 2,000.00
3,750.00 2,500.00 1,250.00
56,000.00 42,000.00 28,000.00
720,000.00 690,000.00 660,000.00
45,000.00 40,000.00 35,000.00
36,000.00 32,000.00 28,000.00
906,650.00 842,300.00 777,950.00
TOTAL ASSETS 1,554,692.4
02,386,262.70 3,672,320.18
LIABILITIES AND EQUITY
A Business Plan 68
Singing Sweets’ HausCapital, Beginning 1,500,000.0
0
1,554,692.40 2,386,262.70
Add: Net Income 54,692.40 831,570.30 1,286,057.48
Total Capital 1,554,692.4
0
2,386,262.70 3,672,320.18
TOTAL Liabilities and
Owner's Equity
1,554,692.4
02,386,262.70 3,672,320.18
Table 15: Projected Statement of Financial Position
Table 15 shows the ending assets, liabilities and Owner’s Equity of the
business. It is the classified summary balances on the ledger accounts of
Singing Sweets’ Haus after the nominal accounts have been closed off. Capital
Increases are results of the operations of the business. As shown in the table,
no liabilities has been incurred by the business since their initial investment has
been maximized based on the sales each year.
A Business Plan 69
Singing Sweets’ Haus
B. Financial Analysis
RETURN ON TOTAL ASSETS
Year 1 Year 2 Year 3
Net Income 54,692.40 831,570.30 1,286,057.48
Assets 1,554,692.40 2,386,262.70 3,672,320.18
ROA 3.52 % 34.85 % 35.02 %
Table 16: Return on Total Assets
Return on total assets measures the operating performance of
Singing Sweets’ Haus where Net Income is divided by the Average total
Assets.
Based on the total percentages computed in year 1, year 2 and year
3, the company has earned a return on average total assets employed over
each year of 3.52 %, 34.85%, and 35.02% respectively.
This also means that for every peso of asset that the company
employed over each year has a return of P3.52, 34.85, and 35.02
respectively.
A Business Plan 70
Singing Sweets’ Haus
RETURN ON EQUITY
Year 1 Year 2 Year 3
Net Income 54,692
.40831,570.3
0 1,286,057.48
Investments 500,000.00 500,000.00
500,000.00
ROA 10.93% 166.31% 257.21%
Table 17: Return on Equity
Return on to Equity measures how much a company makes for each
peso the owners or partners have invested.
Based on the total percentages computed in year 1, year 2 and year 3,
Singing Sweets’ Haus has earned a return on equity employed over each
year of 10.93%, 166.31%, and 257.21% respectively.
This also means that for every peso of equity that the company
employed over each year has a return of 10.93, 166.31, and 257.21
respectively.
A Business Plan 71
Singing Sweets’ Haus
GROSS MARGIN RATIO/GROSS PROFIT PERCENTAGE
Year 1 Year 2 Year 3
Net Sales 2,757,500.00 3,474,450.00 4,256,202.00
Cost of Goods Sold 1,476,850.00 1,550,692.50 1,627,305.00
Gross Profit 1,280,650.00 1,923,757.50 2,628,897.00
Gross Margin Ratio (Based on Sales)
46.44% 55.36% 61.76%
Table 18: Gross Margin Ratio
This shows the computation of the gross profit from selling of Singing
Sweets’ products without taking into account the expenses of selling or the
expense of financing and administering the enterprise.
The Gross Margin Ratio, which is computed by dividing the Gross Profit
from the Net Sales. This means that for every unit of the company’s’ product,
the increase in the amount sold for each which is based on the Net Sales is
46.44%.
A Business Plan 72
Singing Sweets’ Haus
C.References
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(accessed September 19, 2015)
Caktiong T. (2006). “Goldilocks Bakeshop.”
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2015)
Martinez A. (2008). “Conti's Pastry Shop & Restaurant.”
http://www.foodreviewsmanila.com/2008/07/reviews-contis-pastry-shop-
restaurant.html (accessed September 19, 2015)
Mercado R. (2006). “Red Ribbon Bakeshop.”
https://en.wikipedia.org/wiki/Red_Ribbon_(bakeshop) (accessed September
19, 2015)
Perez J. (2014). “Vanilla Cupcake Bakery.”
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September 19 2015)
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korean-way.html (accessed September 19, 2015)
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2015)
A Business Plan 73